Stock Market & Financial Investment News

Qualcomm weakness a buying opportunity, says JPMorganJPMorgan said Qualcomm's demand is so high for chipsets that it will have a shortfall of at least 11.5M units that will roll into the March quarter. The firm expects Qualcomm guidance to be strong and for a potential margin uplift. Shares are Overweight rated.

Qualcomm extends LTE to unlicensed spectrum to enhance mobile experiencesTo address the increasing demand for mobile data, Qualcomm Technologies, a subsidiary of Qualcomm, is extending LTE to unlicensed spectrum and announced that it has integrated the technology into its latest small cell solutions and RF transceivers for mobile devices. Qualcomm Technologies also announced that it successfully completed over-the-air testing to prove co-existence between multiple LTE-U and Wi-Fi access points in the unlicensed spectrum under extreme load conditions. Qualcomm Technologies will showcase its new solutions with a number of LTE-U demonstrations at Mobile World Congress, March 2-5 in Barcelona, Spain.

Samsung ranks first in 2014 EU patent applicationsThe European Patent Office reports that Samsung (SSNLF) was ranked first in number of European patent applications for 2014 with 2,541 applications filed. Philips (PHG) took second place with 2,317, Siemens (SIEGY) took third with 2,133, BASF (BASFY) took sixth with 1,530, Qualcomm (QCOM) took seventh with 1,459, Ericsson (ERIC) took ninth with 1,347, and Intel (INTC) took 10th with 1,054 applications filed.

Qualcomm calls active on speculation of an activist investor stakeQualcomm February 70 and 71 calls are active on 12K contracts (1K puts) on speculation of an activist investor stake. February call option implied volatility is at 20, March is at 19; compared to its 26-week average of 22 according to Track Data. Active call volume suggests traders taking positions for large near term price movement.